Gold Refinery Services in Canada — Tested, Weighed and Settled in the Open
Refining is where trust is either built or lost in this trade: metal goes in, and a number comes out. Gold Stock Corp's refining service, run from our Mississauga head-office store (1323 Matheson Blvd E), our Malton store (7086 Airport Rd #3) and our Vancouver store (736 Granville St #510), is built so that number is never a mystery — every lot is weighed and tested with the method on the record, and settlement is built from the live price on the day with the breakdown shown item by item.
What we refine and how it is tested
Scrap gold and silver, broken and estate jewellery, dental gold, jewellers' bench waste and sweep, and bullion that needs re-verification all come across our counters. Each lot is sorted and weighed on a calibrated scale, then purity-tested — XRF analysis for most material, which reads composition without damaging the piece, and fire assay when a lot needs a definitive, referee-grade result. The method used on your lot is recorded on your settlement statement, so the figure can always be traced back to a test, not an opinion.
Mixed lots are the norm in refining, not the exception: a jeweller's bench lot or an estate parcel rarely arrives as one purity. That is exactly why we report item by item — karat fractions, sterling, filled and plated material each priced for what they actually contain, rather than a whole parcel discounted to its lowest common denominator.
Settlement, records and who uses the service
Settlement is built from the verified fine weight of your metal and the live spot price at the time of testing, less a refining and handling margin that depends on the material's form and purity — stated on the statement, not buried in it. The settlement document lists each item, its weight, its tested purity and its price, which is the record your books, your estate file or your accountant will ask for.
The service is used by jewellers managing bench waste, dealers consolidating buy-ins, executors settling estates with mixed jewellery, and manufacturers who need recovered metal accounted for cleanly. Larger or industrial lots deserve a phone conversation first, so testing, insurance and paperwork are arranged before anything moves; out-of-province clients use the insured mail-in route, with the same itemised reporting on arrival.
Frequently asked questions
What is the difference between XRF testing and fire assay?
XRF reads a piece's composition non-destructively and suits most bars, coins and jewellery. Fire assay melts a sample and gives a definitive purity result — the referee method for large or disputed lots.
Can I refine scrap and broken jewellery?
Yes — scrap, broken jewellery, dental gold and bench waste are core refining material. Each item is tested and reported separately.
How is my settlement calculated?
From the verified fine weight and the live spot price at testing, less a refining margin that depends on form and purity. The full breakdown is on your statement before you decide.
Do you accept refining lots by mail?
Yes — by insured mail-in from anywhere in Canada, weighed and tested on arrival with the itemised report sent for your approval.
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